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Footnote Magazine

May 2012: TBD

Member notes
Updates from our members, including promotions, new hires, speaking engagements and firm news.

Beyond budgeting: Additional resources
MNCPA instructor, Steven Player, shares valuable resources for budgeting as well as budget forecasting.

The case of the Wurst advice
After 15 years as supervisor of financial reporting at an SEC registrant, Roald Karpet got back into public accounting. The audit team for his old company consulted Roald on a sticky issue related to the company. Any issue here?

It takes a lot of different plants to make a great MNCPA garden
MNCPA Board Chair Barb Steinhauser celebrates our members in Business & Industry.

New worldwide designation meets the challenges of global business
On January 31, the AICPA and CIMA together launched the new Chartered Global Management Accountant (CGMA) designation. Barry Melancon, CPA, CGMA, and Charles Tilly FCMA, CGMA, talk about the designation and its relevance in today’s complex business environment.

Ready to roll
The traditional model of annual budgeting has become a Model-T in an age of hybrid cars. Learn about the Beyond Budgeting movement, and the rolling forecast as a tool to better meet organizations’ needs.

Meet Excel's three easy-to-use tables
Excel offers its users three types of tables, each with a different purpose and set of benefits. Technology guru Tommy Stephens shows you how to take advantage of these tools to enhance your productivity.

How to conduct an internal investigation
At some point, almost every company will be confronted with an issue that requires an internal investigation. Author Larry Morgan offers guidance for conducting a fair, complete and legally sound investigation.

Re-engage your team or risk losing key players
As the economy begins its slow return, new employment options for the best and brightest employees are also emerging. Here are nine ways to keep your employees committed to your team.

Leota Pearson: A glimpse into the life of a contract CFO
She’s CFO for not one, but five — yes, five — local companies. Learn how Leota Pearson juggles competing priorities and thrives in her role as a contract CFO.

Oops! Can we rescind that transaction?
Life doesn’t offer many opportunities for do-overs. But, in the world of tax accounting, it’s possible — and even legal — to get a “do-over” when a transaction causes undesirable tax consequences. Mark Sellner explains how.

2012 findings from MNCPA's Employee Benefit Plan Review Task Force
The MNCPA Employee Benefit Plan Review Task Force provides free feedback to CPAs on masked employee benefit plans that their firms have audited and submitted anonymously for review. The summary of the task force’s findings reveals common omissions and mistakes made in financial statements.

Meet Ken Bishop, NASBA's new president and CEO
NASBA's new leader talks about his interesting career path, his goals for NASBA, and NASBA's work with state boards and state societies.